MULLEN GROUP LTD (MTL.CA) Technical Analysis
TSX:MTL • CA6252841045
Current stock price
MTL.CA Technical Rating and Analysis
Overall MTL gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTL is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MTL did better than 76% of all other stocks. We also observe that the gains produced by MTL over the past year are nicely spread over this period.
- A new 52 week high is currently being made by MTL, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month MTL has a been trading in the 16.52 - 20.19 range, which is quite wide. It is currently trading near the high of this range.
- MTL is part of the Ground Transportation industry. There are 6 other stocks in this industry, MTL did better than 60% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MTL.CA Weekly and Daily overview Charts
MTL.CA Setup Rating and Analysis
Although MTL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MTL.CA Support and Resistance Analysis
13.97
6 important support areas can be observed.
- A support zone ranging from 18.25 to 18.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.26 to 17.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.69 to 16.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.08 from a horizontal line in the daily time frame.
- Support @15.74 from a horizontal line in the daily time frame.
- Support @14.11 from a horizontal line in the daily time frame.
MTL.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MTL.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTL.CA is up. |
| ChartMill Relative Strength | 76.93 | POSITIVE | MTL.CA has a high relative strength, it outperformed 76.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.27 | OVERBOUGHT | The high RSI value suggests MTL.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MTL.CA has a positive trend. |
| Stochastics (14,3) | 91.09 | OVERBOUGHT | The high Stochastics value suggests MTL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MTL.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 27.01 | POSITIVE | The high ADX value value for MTL.CA suggests a strong trend. |
MTL.CA Chart- and CandleStick Pattern Analysis
MTL.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:MTL (4/24/2026, 7:00:00 PM)
19.95
+0.51 (+2.62%)
MULLEN GROUP LTD / MTL.CA TA FAQ
What is the technical rating for MTL stock?
ChartMill assigns a technical rating of 10 / 10 to MTL.CA.
What is the trend direction for MTL stock?
The current trend direction for MULLEN GROUP LTD (MTL.CA) is Bullish.
What is the RSI signal for MTL stock?
MULLEN GROUP LTD (MTL.CA) has an RSI value of 77.2714. This indicates that the stock is currently overbought.
What is the short term momentum for MTL stock?
The short term momentum for MULLEN GROUP LTD (MTL.CA) is positive.
Can you provide the buy/sell signal for MULLEN GROUP LTD?
The buy/sell signal for MULLEN GROUP LTD (MTL.CA) is buy as both the short term and long term trends are positive.